chancellor

chancellor

George Osborne Tax Relief Pensions

More Tax Relief Cuts – Could you lose a third of your pension in tax changes?

18 January, 20160 Comments
Osborne’s plans that may see workers lose out on tens of thousands of pounds   George Osborne is trying to save billions by dramatically cutting the amount of tax relief the Government offers or even scrapping it altogether; causing middle class savers to lose up to a third of their pension pots. Workers currently earning
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If you raised the rent would your tenants fall into arrears ?

18 March, 20140 Comments
As the Chancellor puts the finishing touches to his Budget, due to be delivered tomorrow, coupled with the government stating that the UK’s economy is on the road to recovery – LRS would like to ask are your tenants flush or if you raised the rents would they fall into arrears? Business in the big
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Housing benefit bill set to soar

06 December, 20124 Comments
According to an independent body which monitors the UK’s finances; Housing Benefit bills are predicted to sky rocket, despite government attempts to cut benefit payments. The Office for Budget Responsibility (OBR) has now radically revised its forecasts for public sector borrowing over the next five years, as a weaker outlook for the economy reduces tax
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Autumn Statement 2012

05 December, 20120 Comments
George Osborne has announced his Autumn Statement for 2012, but what does this mean for the private rented sector? Landlords There will be no new tax on property; ‘It would require a revaluation. It would be intrusive, and provide a temptation for future chancellors to raise more‘ says Osborne. Osborne has decided to rule out
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Osbourne to back down on housing benefit cuts?

03 December, 20120 Comments
After raising the idea of cutting housing benefit for under 25’s in October, pressure is mounting on the chancellor to axe the controversial plans; amid fears of increased homelessness & suicide. Young & Homeless 2012 has been published by national homeless charity Homeless Link today, whose findings provide a strong case as to why the
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Rent Arrears Could Double to around £1 billion!

20 November, 20120 Comments
Housing associations have urged the chancellor not to announce further welfare cuts when he delivers his autumn statement next month. The Chancellor will deliver his Autumn Statement on 5th December, which will outline the state of the public finances and how Government will stimulate the growth the UK desperately needs. Therefore the National Housing Federation
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Limiting housing benefit for under 25s will increase homelessness and suicide.

08 October, 20120 Comments
Today Chancellor George Osborne has announced that the government is determined to cut a further £10bn from the benefits budget to fight the deficit. The chancellor has promised to cut £10bn more from the welfare bill by 2016-17, on top of the £18bn cuts announced in 2010, as the economic downturn lasts longer than expected.
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